Michael J. Tiffany

Leader & Berkon, LLP

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Recently by Michael J. Tiffany

Banking | Finance

Motorola Limits Restraints on Banks: The New York Court of Appeals Recharges the “Separate Entity Rule”

In a decision that will resonate in the financial services industry, the Court of Appeals recently reaffirmed the continued application of the “separate entity rule” in New York. In applying this rule, the Court held that a judgment creditor cannot restrain assets located in a foreign...

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Identifying A Principal Place Of Business For Diversity Jurisdiction: Supreme Court Settles The Debate

In the recent United States Supreme Court decision, Hertz Corp. v. Friend , 175 L. Ed. 2d 1029, 1034 (U.S. 2010), Justice Breyer posed a question worthy of a law school exam:If the bulk of a company's business activities visible to the public takes place in factories in New Jersey, while its top...

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